Pacific Empire Upsizes Private Placement to $1.62 Million
Pacific Empire upsized funding to $1.62m to kickstart an august drill campaign at the trident project.
Pacific Empire Minerals Corp. announced an upsized non-brokered private placement on July 15, 2026. The offering size increased from $1.355 million to $1.62 million CAD due to strong investor demand. The company will issue up to 36,000,000 units at $0.045 per unit. Each unit includes one common share and one warrant exercisable at $0.07 for three years. Proceeds are designated for the 2026 drill campaign at the Trident and Pinnacle projects and general working capital. Closing is subject to TSX Venture Exchange approval and a statutory hold period applies.
Pacific Empire Minerals Corp. announced a follow-up to its July 13 disclosure of a $1.355 million financing. The upsizing reflects standard market demand but introduces incremental dilution. The capital aligns with the company’s plan to fund an August 2026 drill campaign. No new strategic partnerships or material operational breakthroughs were disclosed. The market likely priced in this financing given the prior announcement and historical pattern of capital raises.
Pacific Empire Minerals Corp. (PEMC) holds a 22,541-hectare land position in north-central British Columbia. The company’s flagship Trident project is a copper-gold-silver porphyry system. Pacific Empire Minerals recently consolidated 100% ownership of the Trident-Pinnacle district. Historical drilling and geochemical data support a large-scale porphyry model. The company is in the exploration stage with no declared resources or reserves.